- CyrusOne leasing results for the third quarter was bad for the hyperscale segment.
- Still, the better pricing obtained in the enterprise IT segment enabled the company to more than offset the revenue shortfalls.
- This said, the datacenter's supplier competitive landscape has become distorted with the hyperscalers having more bargaining power.
- In this case, smaller players like CONE have to tread a fine line between targeting the appropriate customer segment and effecting enough capital allocations in order to benefit from adequate returns.
- The company is amid a restructuring process and more updates are awaited during the fourth quarter.
For further details see:
CyrusOne: Scale Matters, But Sales Strategy Too